5221632026-01-012026-03-315221632026-03-315221632025-03-315221632025-04-012026-03-315221632026-01-012026-03-31in-capmkt:OtherExpenses1Member5221632025-04-012026-03-31in-capmkt:OtherExpenses1Member5221632026-03-31OtherNoncurrentFinancialAssetsDomain15221632026-03-31OtherNoncurrentFinancialAssetsDomain25221632026-03-31OtherNoncurrentAssetsDomain15221632026-03-31OtherCurrentFinancialAssetsDomain15221632026-03-31OtherCurrentAssetsDomain15221632026-03-31OtherNoncurrentFinancialLiabilitiesDomain15221632026-03-31OtherNoncurrentFinancialLiabilitiesDomain25221632026-03-31OtherCurrentFinancialLiabilitiesDomain15221632026-03-31OtherCurrentFinancialLiabilitiesDomain25221632026-03-31OtherCurrentLiabilitiesDomain15221632026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15221632025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15221632026-01-012026-03-31AuditorDomain15221632026-01-012026-03-31in-capmkt:AuditedMember5221632026-03-31in-capmkt:AuditedMember5221632026-01-012026-03-31in-capmkt:AdjustedMember5221632026-03-31in-capmkt:AdjustedMember5221632026-01-012026-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares522163DIACABSNOTLISTEDINE989C01038Diamond Power Infrastructure LimitedMain BoardEquity2025-04-012026-03-312026-05-262026-05-20INRLakhsQuarterlyFourth quarterSingle segmentCables & Conductors2026-05-2612:30:002026-05-2614:15:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated695865700070449000702910600056565800000403000066745000143649000815650004545390006407108000621998000062199800090000006850000158500000606148000000060614800058800060673600052697100011.151.15001.151.15Pursuant to the takeover of the Company by the new management upon approval of the Resolution Plan by the Hon. NCLT in FY 22-23, the Holding Company has passed the entries to account for the write-offs, write-backs and other adjustments of assets and liabilities, arising on account of the Resolution Plan as approved, through Capital Reserve. Subsequently, the management has continued the policy to account for any amounts relating to the period prior to the takeover by the new management through Capital Reserve only. As at the end of the year, for the Holding Company, the updation/ preparation of Property, Plant and Equipment Register with all necessary details and reconciliation with the books of accounts, as well as verification of amounts reflected as capital work in progress (CWIP) and giving appropriate effect to the same continued to remain under process. The Company has allotted the task relating to the same to an Independent Agency but the completion was taking longer time than expected considering the huge volume of Property, Plant and Equipments and also the work was being conducted with operations ongoing in various sections of the Company’s production plant and limitations on availability of old data. The Agency has completed primary Physical Verification of the Property, Plant and <BR> Equipment and reconciliation of the same with the data available with a cut-off date of 31st March, 2024 as also a preliminary value allocation of costs and accumulated depreciation. However, the determination the final value-in-use of each item of Property, Plant and Equipment as also the estimated remaining useful lives was still under process given the technicalities involved in the estimations due to Property, Plant and Equipment having remained idle for a long period prior to takeover by new management and also limitation on availability of data in as much a substantial documentation had been seized by CBI and ED during the course of action on erstwhile management during the pre NCLT period. The Holding Company would like to state that, in a major milestone, it has been discharged from the CBI / ED / PLMA Matters and consequently the attachment and encumbrances on its assets by the Enforcement Directorate stand released.2025-04-012026-03-31AuditedConsolidated191010220007996100019180983000159975430000-701132000239139000389716000307148000132919500017561609000161937400001619374000297000007981000376810000158169300000001581693000-89000158160400052697100010330033Other Expenses454539000Other Expenses132919500011940259000152323400006441000008484900084849000-5936000013548847000369230800004642291000358076000679685000015330100058333530009615870001048724800024036095000526971000-6569008000-6042037000-604203700024876522000514990002492802100010509000249385300004234230004061570003100432000350658900074553000400456500011018830003315400051396020003007813200024036095000Right of Use Asset60243000Financial assets others24606000Other non-current assets0Other current financial assets153301000Other current assets961587000Lease Liabilities51217000Other Financial Liabilities282000Lease Liabilities13852000Other Financial Liabilities60701000Other current liabilities1101883000389716000-1637011000-28862030000-79756000-9502000-153301000001521800000011335900003071480000010063000000000000000-2423687000-80431300000000-80431300000000000081222000000000000000000000000-615433000-1427653000000000002306394000597819000-364560000389716000011629620002518277000286311000028631100071765000358076000Remeasurement of Defined Benefit Plan786000786000Remeasurement of Defined Benefit Plan-119000-119000198000-30000588000-89000AuditedQualified opinionNaresh & Cotrue2027-10-3119180983000191809830001756160800017561608000161937400016193750003324036095000240360950002403609500024036095000-6042036000-6042036000Non maintenance of Fixed Assets registers, non-impairment of fixed assets, if any, and depreciation provided thereonQualified opinionRepetitive-The Company has been taken over on 17-09-2022 by new management on approval of resolution plan by NCLT dated 20-06-2022. Fixed Asset Register is still under preparation due to voluminous nature and limited availability of data. Impact will be ascertained on completion of exerciseThe Company has been taken over on 17-09-2022 by new management on approval of resolution plan by NCLT dated 20-06-2022. Fixed Asset Register is still under preparation due to voluminous nature and limited availability of data. The same is expected to be completed in the next fiscal year. <br></br> <br></br> Since the exercise of updation and reconciliation of Property, Plant & Equipment Register and Capital Work-in-Progress is going on including working of value-in-use and remaining estimated useful lives of each item of Property, Plant and Equipment, we will be able to verify and opine on the correctness of the values of Property, Plant & Equipment and Capital Work-in-Progress as appearing in the books as at the end of the year end, as well as for appropriation / capitalization of power, manpower and borrowing costs to Capital Work-in-Progress and on the depreciation provided including the veracity of the management estimate of 20% for calculation of depreciation and appropriation, only upon completion of the exercise as aforesaid. -Pawan LohiyaMaheswar SahuNaresh & CoRakesh Shah, DirectorAhmedabad2026-05-26